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CUcorp partners with CU Student Choice
WASHINGTON (3/23/10)--CUcorp, a wholly-owned subsidiary of the Michigan Credit Union League (MCUL), and Credit Union Student Choice, a credit union service organization (CUSO) that provides private student lending services to credit unions, announced a strategic business partnership. MCUL President/CEO David Adams noted that “this partnership will help more credit unions offer affordable student loan products to their members. As colleges and universities struggle with their traditional funding sources, more families are looking for private student loans, giving credit unions an opportunity to support the educational advancement of their members.” Credit Union Student Choice provides credit unions of all asset sizes and fields of membership with a turnkey program that enables them to grow and diversify their loan portfolios through the delivery of fair-value private student loans. CUCorp is a marketing company, based in Livonia, Mich. Since launching with 10 credit unions in May 2008, Credit Union Student Choice has now grown to serve more than 100 credit unions with its undergraduate private student lending program. To date, the CUSO has helped more than 12,000 members attend college and funded nearly $170 million in private student loans.


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